$ERA /USDT TECHNICAL ANALYSIS — BULLISH MOMENTUM
Current Price: 1.0378 USDT
24h High: 1.0382 USDT
24h Low: 0.9683 USDT
24h Volume: 4.48M ERA / 4.46M USDT
KEY LEVELS:
Resistance: 1.0405 USDT, 1.0383 USDT
Support: 1.0120 USDT, 1.0025 USDT
MARKET SENTIMENT:
Price is trading near its 24h high with a solid 5.06% gain, showing strong bullish momentum. The volume is balanced and supports the upward move, indicating good buyer interest.
TRADE SETUP:
Long Entry: Around 1.0350 USDT
Stop Loss (SL): 1.0100 USDT (below key support)
Take Profit (TP): 1.0600 USDT (next resistance) and 1.0800 USDT (extended target)
RISK MANAGEMENT:
Use a disciplined stop loss to protect against volatility. Risk only a small portion of capital (1-2%) per trade for safe risk management.
The overall trend favors further upside as ERA/USDT shows strength near resistance with volume confirmation. Monitor for any rejection near 1.0405 USDT for signs of pullback.
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